Tata has landed a $54 million deal from Kerala State Electricity Board Limited to install the rooftop capacity for domestic consumers across the state.
Under a production-linked incentive scheme, the government will reward manufacturers for building vertically integrated PV production lines. The scheme aims to attract 10 GW of production capacity by April 2023.
Negative second-quarter updates from China and uber-low new-solar figures from India, however, show the world is far from out of the woods yet.
An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.
Record-setting Acme Solar has secured a third of the latest procurement exercise in the state with a lowest bid of INR2.48/kWh. The tender was oversubscribed by more than 100% as offers came in for 1,620 MW of capacity.
SECI, the organization responsible for coordinating India’s push for 100 GW of new solar capacity by 2022, has had a busy week. But, as last year illustrated, tenders alone are not always a guarantee of new generation assets.
The Indian Cabinet Committee on Economic Affairs has approved a plan for projects to be enabled by public bodies in the hope that avoiding competitive procurement will enable it to circumvent WTO rules related to import parity.
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